Unum Group Announces $3.8 Billion Long-Term Care Reinsurance Transaction with Fortitude Re

Unum Group Announces $3.8 Billion Long-Term Care Reinsurance Transaction with Fortitude Re

Transaction reinsures $3.8 billion of long-term care (LTC) statutory reserves, representing 26% of total LTC reserves and 52% of individual LTC reserves, each as of March 31, 2026

Combined with the LTC reinsurance transaction announced in 2025, cumulative reduction in Unum's total LTC statutory reserves is approximately 40%

Covers 100% of remaining individual LTC policies reinsured to Fairwind

Capital strength and capital deployment priorities remain unchanged